Selective Insurance Group, Inc. (NASDAQ:SIGI – Free Report) – Investment analysts at Zacks Research dropped their Q3 2026 earnings per share (EPS) estimates for Selective Insurance Group in a research note issued to investors on Tuesday, September 8th. Zacks Research analyst Team now forecasts that the insurance provider will post earnings per share of $1.81 for the quarter, down from their prior estimate of $1.82. The consensus estimate for Selective Insurance Group’s current full-year earnings is $8.12 per share. Zacks Research also issued estimates for Selective Insurance Group’s Q4 2026 earnings at $2.58 EPS and FY2026 earnings at $8.04 EPS.
A number of other equities research analysts have also recently weighed in on the company. BMO Capital Markets cut Selective Insurance Group from an “outperform” rating to a “market perform” rating and set a $97.00 price target for the company. in a report on Tuesday, July 28th. Oppenheimer boosted their target price on shares of Selective Insurance Group from $100.00 to $105.00 and gave the stock an “outperform” rating in a research note on Thursday, May 21st. Royal Bank Of Canada raised their price target on shares of Selective Insurance Group from $110.00 to $115.00 and gave the company an “outperform” rating in a report on Monday, July 27th. Keefe, Bruyette & Woods upped their price objective on Selective Insurance Group from $101.00 to $102.00 and gave the stock a “market perform” rating in a report on Thursday, July 30th. Finally, Weiss Ratings downgraded Selective Insurance Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, September 1st. Two investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $100.33.
Selective Insurance Group Stock Performance
NASDAQ:SIGI opened at $90.12 on Thursday. The stock has a market capitalization of $5.37 billion, a P/E ratio of 11.18 and a beta of 0.29. The company has a current ratio of 0.29, a quick ratio of 0.29 and a debt-to-equity ratio of 0.26. Selective Insurance Group has a 1 year low of $72.78 and a 1 year high of $100.40. The firm has a 50 day moving average of $94.53 and a 200-day moving average of $87.86.
Selective Insurance Group (NASDAQ:SIGI – Get Free Report) last announced its quarterly earnings results on Thursday, July 23rd. The insurance provider reported $1.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.66 by $0.29. The firm had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.30 billion. Selective Insurance Group had a net margin of 9.10% and a return on equity of 14.51%. During the same period last year, the firm posted $1.31 EPS.
Selective Insurance Group Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Monday, August 17th were paid a $0.43 dividend. The ex-dividend date of this dividend was Monday, August 17th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 1.9%. Selective Insurance Group’s dividend payout ratio is 21.34%.
Insider Activity at Selective Insurance Group
In related news, EVP Michael Lanza sold 17,100 shares of the stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $94.04, for a total value of $1,608,084.00. Following the sale, the executive vice president directly owned 16,565 shares in the company, valued at $1,557,772.60. This trade represents a 50.79% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.82% of the stock is currently owned by company insiders.
Hedge Funds Weigh In On Selective Insurance Group
A number of hedge funds and other institutional investors have recently made changes to their positions in the company. BlackRock Inc. bought a new stake in Selective Insurance Group during the 2nd quarter worth approximately $754,557,000. California State Teachers Retirement System boosted its holdings in shares of Selective Insurance Group by 9,333.8% in the second quarter. California State Teachers Retirement System now owns 6,916,231 shares of the insurance provider’s stock valued at $670,944,000 after buying an additional 6,842,918 shares during the period. AQR Capital Management LLC boosted its holdings in shares of Selective Insurance Group by 56.3% in the fourth quarter. AQR Capital Management LLC now owns 4,059,547 shares of the insurance provider’s stock valued at $339,662,000 after buying an additional 1,462,838 shares during the period. Geode Capital Management LLC raised its holdings in shares of Selective Insurance Group by 0.5% during the fourth quarter. Geode Capital Management LLC now owns 1,660,758 shares of the insurance provider’s stock worth $138,976,000 after acquiring an additional 8,580 shares during the period. Finally, First Trust Advisors LP raised its holdings in shares of Selective Insurance Group by 33.3% during the first quarter. First Trust Advisors LP now owns 1,381,867 shares of the insurance provider’s stock worth $104,179,000 after acquiring an additional 345,348 shares during the period. 82.88% of the stock is owned by institutional investors.
More Selective Insurance Group News
Here are the key news stories impacting Selective Insurance Group this week:
- Positive Sentiment: Selective will present at the 2026 Keefe, Bruyette & Woods Insurance Conference, providing management an opportunity to discuss business trends and financial performance with investors. Selective to Present at the 2026 Keefe, Bruyette & Woods Insurance Conference
- Neutral Sentiment: Zacks Research reduced its fourth-quarter 2026 EPS estimate to $2.58 from $2.59 and its full-year 2026 forecast to $8.04 from $8.05. The revised FY2026 estimate is also below the broader consensus of $8.12 per share.
- Negative Sentiment: Zacks lowered its third-quarter 2026 EPS estimate to $1.81 from $1.82 and trimmed its FY2027 forecast to $8.72 from $8.74. It also reduced estimates for FY2028 to $9.01 from $9.02, along with several quarterly forecasts for 2027 and 2028.
Selective Insurance Group Company Profile
Selective Insurance Group, Inc is an insurance holding company headquartered in Branchville, New Jersey. The organization traces its roots to a regional provider of property and casualty coverage and became a publicly traded holding company following its initial public offering in 1999. Since its formation, Selective has expanded through strategic acquisitions and organic growth initiatives to broaden its product offerings and strengthen its market position.
The company’s core business encompasses a broad range of property and casualty insurance products designed to serve both commercial and personal lines customers.
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